According to Sotheby's International Realty, younger generations will soon rule luxury real estate through $84 trillion of inherited wealth.
Economists predict the Los Angeles wildfires, which are claiming thousands of high-end residential properties, to be one of the most expensive natural disasters ever. But the luxury real estate market is still poised for significant future growth as new demographics take over.
Sotheby’s International Realty released its 2025 Luxury Outlook report on Thursday. The report draws insights from high-end luxury agents and organizations like J.P. Morgan Private Bank and the National Association of Realtors (NAR).
Click the link to read the full article. Single Women, Younger Generations Will Fuel the Luxury Real Estate Market
